What the wall street cheat sheet can tell us about the current state of the bitcoin market.
Wall street cheat sheet bitcoin.
Who can guess where bitcoin currently is on the wall street cheat sheet supposedly a cheat sheet 500gameplan pic twitter.
I would bet my left we won t be in a bear.
The wall street cheat sheet and how it applies to crypto bitcoin and the overall market cycle.
On 15 december 2018 bitcoin price hit 3 217 which is the lowest point in the bear market that started after hitting the ath on december 2017.
The market is on the verge of a huge influx of retail and institutional money.
After the all time high of 20 000 in 2017 btc has remained in a downtrend for 14 months.
The altcoin market has been bleeding out for two straight years now after bitcoin and cryptocurrency took the world by storm in late 2017.
It s quite easy to see that the bitcoin price cycle closely resembles this.
Now let see what happened the last months.
But now it s all over the news most people have at least heard of bitcoin banks are using blockchain nasdaq opening crypto exchange etc.
Even the recent price action over the last two years backs up the theory according to the famous wall street cheat sheet.
Are we in between the optimism and belief stages.
Where on the wall street cheat sheet bitcoin actually is.
The so called wall street cheat sheet or alternatively market cycle cheat sheet.
After this we have seen higher lows as shown in the chart below.
We teach you how to read all markets.
Get 10 in free bitcoin when you sign up at coinbase and buy or sell 100 in cryptocurrency wall street cheat sheet bitcoin 2016 2019 contains information about the following cryptocurrencies.
For many years investors have studied the market emotion cycle using the wall street cheat sheet.
Wall street cheat sheet.
So many times in fact that the generic event has been made into a meme which is the subject of this piece.
Bitcoin wall street cheat sheet.